US Govt unveils new design for $100 note
Officials from the U.S. Department of the Treasury, the Federal
Reserve Board and the United States Secret Service yesterday unveiled
the new design for the $100 note. Complete with advanced technology to
combat counterfeiting, the new design for the $100 note retains the
traditional look of U.S. currency.
“As with previous U.S. currency redesigns, this note incorporates the
best technology available to ensure we are staying ahead of
counterfeiters”, said Secretary of the Treasury Tim Geithner.
When the new design $100 note is issued on February 10, 2011, the
approximately 6.5 billion old design $100s already in circulation will
remain legal tender, said the Federal Reserve Board Chairman Ben S.
Bernanke. U.S. currency users should know they will not have to trade in
their old design notes when the new notes begin circulating. The
redesigned $100 note includes two new advanced counterfeit-deterrent
security features, in addition to effective security features from the
previous design.
The features are easy for consumers and merchants to check when
verifying authenticity. |